Domestic credit to private sector by banks in Libya
Libya: Domestic credit to private sector by banks was 12.3% in 2025. ◆ Volatile
Domestic credit to private sector by banks in Libya, 1960–2025
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in % of GDP.
Analysis
In 2025, domestic credit to private sector by banks in Libya stood at 12.3%.
Compared with earlier readings it is down 4.6% on the previous year and down 49.6% over ten years.
Over the whole period, domestic credit to private sector by banks in Libya peaked at 32.5% in 1995 and was at its lowest, 2.9%, in 1968.
That places Libya 163rd out of 187 countries with data for 2025, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Domestic credit to private sector by banks in Libya, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1960 | 9.6% | — |
| 1961 | 9.0% | -6.2% |
| 1962 | 7.3% | -18.3% |
| 1963 | 4.6% | -37.2% |
| 1964 | 3.6% | -22.6% |
| 1965 | 3.1% | -13.2% |
| 1966 | 3.3% | +6.9% |
| 1967 | 3.2% | -2.5% |
| 1968 | 2.9% | -8.6% |
| 1969 | 3.3% | +13.7% |
| 1970 | 5.2% | +55.1% |
| 1971 | 5.1% | -1.3% |
| 1972 | 6.4% | +25.0% |
| 1973 | 8.4% | +30.8% |
| 1974 | 9.2% | +9.9% |
| 1975 | 13.8% | +49.5% |
| 1976 | 12.5% | -9.4% |
| 1977 | 12.1% | -3.3% |
| 1978 | 13.4% | +11.4% |
| 1979 | 11.1% | -17.2% |
| 1980 | 9.0% | -19.3% |
| 1981 | 19.0% | +112.2% |
| 1982 | 14.0% | -26.6% |
| 1983 | 21.8% | +56.2% |
| 1984 | 23.5% | +7.9% |
| 1985 | 20.8% | -11.6% |
| 1986 | 24.8% | +19.3% |
| 1987 | 25.7% | +3.5% |
| 1988 | 32.4% | +26.0% |
| 1989 | 31.7% | -2.0% |
| 1990 | 30.4% | -4.3% |
| 1991 | 28.4% | -6.6% |
| 1992 | 28.7% | +1.2% |
| 1993 | 32.2% | +12.1% |
| 1994 | 32.3% | +0.6% |
| 1995 | 32.5% | +0.4% |
| 1996 | 23.6% | -27.2% |
| 1997 | 22.0% | -7.0% |
| 1998 | 24.5% | +11.6% |
| 1999 | 23.9% | -2.5% |
| 2000 | 20.4% | -14.6% |
| 2001 | 19.6% | -4.2% |
| 2002 | 17.2% | -12.3% |
| 2003 | 12.7% | -25.7% |
| 2004 | 10.3% | -19.1% |
| 2005 | 7.4% | -28.6% |
| 2006 | 6.0% | -18.7% |
| 2007 | 6.1% | +2.3% |
| 2008 | 7.3% | +18.7% |
| 2009 | 11.1% | +53.2% |
| 2010 | 9.2% | -17.2% |
| 2011 | 14.1% | +53.1% |
| 2012 | 9.3% | -34.1% |
| 2013 | 13.7% | +47.2% |
| 2014 | 22.4% | +63.5% |
| 2015 | 24.5% | +9.3% |
| 2016 | 21.3% | -12.9% |
| 2017 | 14.7% | -31.2% |
| 2018 | 12.8% | -13.2% |
| 2019 | 14.5% | +14.0% |
| 2020 | 21.6% | +48.8% |
| 2021 | 11.0% | -49.3% |
| 2022 | 10.7% | -2.7% |
| 2023 | 12.2% | +14.1% |
| 2024 | 12.9% | +6.5% |
| 2025 | 12.3% | -4.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 5.0% | 2.9% | 9.6% | 10 |
| 1970s | 9.7% | 5.1% | 13.8% | 10 |
| 1980s | 22.3% | 9.0% | 32.4% | 10 |
| 1990s | 27.8% | 22.0% | 32.5% | 10 |
| 2000s | 11.8% | 6.0% | 20.4% | 10 |
| 2010s | 15.7% | 9.2% | 24.5% | 10 |
| 2020s | 13.4% | 10.7% | 21.6% | 6 |
Countries ranked near Libya
More financial sector data for Libya
- Reserve position in the IMF, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0.0116 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 74.95 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 0 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0.0085 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 54.73 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0.0116 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 74.95 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 0 % change on previous year (2025)
Frequently asked questions
- What is domestic credit to private sector by banks in Libya?
- Domestic credit to private sector by banks in Libya was 12.3% in 2025, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest domestic credit to private sector by banks recorded in Libya?
- The highest recorded value was 32.5% in 1995.
- What is the lowest domestic credit to private sector by banks recorded in Libya?
- The lowest recorded value was 2.9% in 1968.
- How does Libya rank for domestic credit to private sector by banks?
- Libya ranks 163rd out of 187 countries with data for 2025.
- Is domestic credit to private sector by banks rising or falling in Libya?
- Over the last ten years it is down 49.6%. The long-run trend across the full record is volatile.
- Where does this Libya data come from?
- The figures come from International Financial Statistics database, International Monetary Fund (IMF), published as part of Domestic credit to private sector by banks (% of GDP). Statizoid updates them automatically from the source API.
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About this data
Domestic credit to private sector by banks refers to financial resources provided to the private sector by other depository corporations (deposit taking corporations except central banks), such as through loans, purchases of nonequity securities, and trade credits and other accounts receivable, that establish a claim for repayment. For some countries these claims include credit to public enterprises. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.